The efects of the coronavirus pandemic on the global wood pellet market continued to unfold in the week to Wednesday, and uncertainty — particularly concerning raw material supply — saw some participants pause discussions along the curve. But the spot wood pellet market remained largely unafected, and utility demand was yet to emerge as stocks remained plentiful. The Argus cif northwest Europe (NWE) index for industrial wood pellets delivered in the next 90 days moved up slightly by 44c/t on the week to $156.30/t on Wednesday.
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